PragueConnect.cz - Economy

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EC: Growth in Czech GDP to fall to 2.2% in 2016

A growth in the GDP of 4.3% is predicted for the Czech Republic in 2015. The growth will likely reach 2.2% in 2016 and 2.7% in 2017. This stems from a prediction published by the European Commission. Total investments in the Czech Republic will grow by 7.6% in 2015 and 3.3% in 2017. The investments will likely stagnate in 2016. The unemployment rate will likely decrease from 5.2% in 2015 to 4.8% in 2017. The real GDP will likely increase by 2.0% in the European Union in 2016. Investments will likely grow by 3.5% and the unemployment rate will likely fall to 9.2%.

Source: www.cianews.cz